- NEWS Desk Global
OPEC OIL OUTPUT RISES BY 90,000 BPD IN FEBRUARY
The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in February and January. OPEC and allies, together known as OPEC+, announced a new round of voluntary cuts on Nov. 30 to be made in the first quarter of 2024. As part of this, Saudi Arabia extended its own 1 million bpd cut - first made in July 2023 - until the end of the first quarter.
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